DocuSign Q2 2022 Earnings Report
Key Takeaways
DocuSign announced strong second quarter fiscal 2022 results, with total revenue reaching $511.8 million, a 50% increase year-over-year. Subscription revenue grew by 52% to $492.8 million, and billings increased by 47% to $595.4 million.
Total revenue was $511.8 million, up 50% year-over-year.
Subscription revenue reached $492.8 million, a 52% increase year-over-year.
Billings grew to $595.4 million, representing a 47% year-over-year increase.
Non-GAAP net income per diluted share was $0.47.
DocuSign
DocuSign
DocuSign Revenue by Segment
Forward Guidance
The company expects total revenue between $526 million and $532 million for the quarter ending October 31, 2021. They anticipate subscription revenue between $505 million and $511 million and billings between $585 million and $597 million. The non-GAAP gross margin is expected to be between 79% and 81%, with a non-GAAP operating margin between 17% and 19%.
Positive Outlook
- Total revenue is projected to be between $526 million and $532 million.
- Subscription revenue is expected to range from $505 million to $511 million.
- Billings are anticipated to be between $585 million and $597 million.
- Non-GAAP gross margin is forecasted to be between 79% and 81%.
- Non-GAAP operating margin is expected to be between 17% and 19%.
Revenue & Expenses
Visualization of income flow from segment revenue to net income